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Message: Dr. Doom likes gold (Faber article)

Faber advised investors to build exposure to bullion via monthly purchases and avoid sinking too large a share of their total wealth into the metal, as violent pullbacks can be expected.

“We can have one day a correction of 20 to 30%,” Faber said. 1970s bull market in gold saw prices plunge 50%

That would not be fun!

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